Moderately shorted and increasing short float. Volume profile is settling. Extremely low market cap for an optionable asset. Before March 18th, we could see an increase of at least 60% as some shorts cover.
Using options so time is the only SL. First target is roughly $11.90
Trade closed: stop reached
⋅
Sold 50% position @ 100% profit. Remaining position expires end of day Break even trade